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Top Investment Firms Advise Clients Against Investing In Crypto, Says Wealth Manager

Ramsey Baker

Summary: Two of the top investment firms, JPMorgan Chase and Goldman Sachs, are telling their clients to steer clear of Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM), a U.S.-registered investment advisor for digital assets, claimed his firm almost lost a client due to the ...

Two of the top investment firms, JPMorgan Chase and Goldman Sachs, are telling their clients to steer clear of Bitcoin (BTC), according to one American wealth manager.

Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM), a U.S.-registered investment advisor for digital assets, claimed his firm almost lost a client due to the banks’ intervention.

According to a report from Cointelegraph, Pokornicky said his client was originally prepared to buy a minor amount of BTC for his portfolio, but after speaking with advisors from JPMorgan and Goldman Sachs.

“For him going from wanting to buy 1 Bitcoin to him not being interested means he was talked out of it”, said Pokornicky, “I still don't know what was said to him”

By Ramsey Baker

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